itw: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, ITW has $16,135M in assets. $924M in cash and cash equivalents.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Cash and equivalents	924	788	873	947
Trade receivables	3,255	3,320	3,153	3,226
Inventories	1,725	1,710	1,663	1,817
Prepaid expenses and other current assets	416	416	348	314
Total current assets	6,320	6,234	6,037	6,304
Net plant and equipment	2,203	2,177	2,085	2,071
Goodwill	5,028	5,038	4,903	4,980
Intangible assets	540	558	572	617
Deferred income taxes	573	564	440	468
Other assets	1,471	1,477	1,431	1,384
Total assets	16,135	16,048	15,468	15,824

Short-term debt	1,267	1,242	981	1,768
Accounts payable	608	613	594	556
Accrued expenses	1,567	1,544	1,477	1,655
Cash dividends payable	467	437	439	443
Income taxes payable	223	96	289	205
Total current liabilities	4,132	3,932	3,780	4,627
Long-term debt	7,675	7,695	7,282	6,578
Deferred income taxes	149	144	127	129
Noncurrent income taxes payable	-	-	-	0
Other liabilities	970	1,066	1,037	1,098
Total noncurrent liabilities	8,794	8,905	8,446	7,805
Common stock (authorized- 700.0 shares par value of 0.01 per share) issued- 550.0 shares in 2025 and 2024 outstanding- 290.1 shares in 2025 and 294.0 shares in 2024	6	6	6	6
Additional paid-in-capital	1,751	1,725	1,705	1,651
Retained earnings	29,825	29,471	29,154	28,583
Common stock held in treasury	26,498	26,124	25,746	25,000
Accumulated other comprehensive income (loss)	-1,876	-1,868	-1,878	-1,849
Noncontrolling interest	1	1	1	1
Total stockholders' equity	3,209	3,211	3,242	3,392
Total liabilities and stockholders' equity	16,135	16,048	15,468	15,824